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James
W. Abbott
(Cont.)
In 1995 after Jim's C&W departure and formation
of RAGI, he was
approached by Houston based, PM Realty Group, Inc.,
the fifth largest
property management firm in the United State and now
owned by the
New York investment firm Donaldson, Lufkin & Jenrette
(DLJ). PM hired
Realty Advisory Group, Inc. for three and one half (3
1/2) years to oversee
and orchestrate the industrial real estate repositioning
of an international
freight logistics firm, which is now owned by UPS. This
assignment was
worldwide and also included ABD's development expertise.
This assignment
was completed short of the alotted time frame and resulted
in increased
operating efficiencies for the client.
Simultaneously in 1995, RAGI was also hired to represent
and consult a
Hong Kong based company in the design and leasing of
a 1,000-acre
industrial development site in Shaoxing, China. This
required Jim to visit
China every other month for two years. The project was
negotiated,
designed, and then turned over to the Hong Kong company.
In late 1999 Jim and his brother negotiated a $10 million
equity line (non-
course debt) investment agreement with the investment-banking
firm
Lehman Brothers. It was initially a three-year agreement
that has been
extended twice. It makes available to ABD an equity
line that is used to
develop industrial properties.
Contact information:
Downtown Los Angeles Office
Realty Advisory Group, Inc.
213-627-3338 ext. 288
email: abbott@raginc.com
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